Resolution 2.On 18 October 2024 the board issued 2million 4c...

Resolution 2.
On 18 October 2024 the board issued 2million 4c options expiring July 2027 to the assistant company secretary, Ms. Rebecca Wordrop.
The Board is asking shareholders to ratify this issue.

Ms. Wordrop tendered her resignation on 10 November 2023 although continued to "work out her notice period ensuring an orderly transfer of information" to the newly appointed Ross Pearson appointed on the same day. (https://hotcopper.com.au/threads/ann-company-secretary-appointment-resignation.7692568/)

The options looking to be ratified by shareholders, issued almost a year after her departure, state the reason for the issue was to "incentivise the Joint Company Secretary." Further, 'the Directors unanimously recommend that Shareholders vote in favour of Resolution 2.'

A statement from the Chairman's address in the June 2024 Annual report:
"We aim to make it acompany that you can be proud of, run to the highest standards of accountability toyou, the shareholders and indeed, the owners of the Company."

Wondering if this issue meets the highest standards of accountability, or does it fall at the first hurdle in the pub test?
Still, it's only another 2million options, what does it matter eh?